1000 in 50 days!

There is so much gloom in the market these days we thought it was time for a good news story.  

Things are accelerating here at Xero, we’ve added 1000 customers in 50 days.  

tintin rocket -  yes we went out and brought a tintin book :)

We now have over 4000 paying customers including over 1000 in the UK.



Duane Jackson
February 2, 2009 at 2:10 pm

Wow! That’s ridiculously good. I hope you guys are proud of yourselves.

We’ve seen a definite upswing in interest in KashFlow SaaS accounting here in the UK too – but not quite to that extent.

Glad you’ve finally got your UK numbers out there too.

February 2, 2009 at 2:42 pm

That is Phenomenal! It is only going to get busier as it approaches March 31st – Boy, I hope you guys are ready!

February 2, 2009 at 2:46 pm

On 1st October 2008 you said you had 2200 (Press release)
On 19th December 2008 you had 3000 (Press release)

From 19 December 2008 to 19 February is 62 Days not 50 days?

February 2, 2009 at 3:02 pm

@Katie – If you read the 19th December release it says: “Xero will finish the calendar
year with 3000 customers”

– not as at 19th December

Paula Jackson
February 2, 2009 at 3:13 pm

Good spotting, yes it was 62 days ago that we made the announcement, but did state we would have 3000 customers by the end of the calendar year (which we did!). In the 50 days of 2009, we have added 1000 more.

February 2, 2009 at 3:16 pm


Using someone else’s IP (Tintin is still not public domain) during the current #blackout is interesting. The incipient NZ copyright law would have a very chilling effect on SAAS providers – this post could cause a take down notice sent to your ISP and all of your hosting disconnected. You are hosted outside NZ right?.

Xero’s hockeystick | AccMan
February 2, 2009 at 3:41 pm

[…] This from Xero should put a sock in the on-demand naysayers’ mouths […]

February 2, 2009 at 3:51 pm


Although I think you should be careful with the Tintin rocket.

Julian Stone
February 2, 2009 at 4:14 pm

Well done guys…

February 2, 2009 at 9:22 pm

Tim & Paula Just went back and reread press release and you were correct. Had it written down on my notepad 19th Dec Watching the company & share price closely.

Will you be able to break down customers by country in Full Year Result when it comes out around mid year? And congratulations for 1000 UK Customers.

Emily Coltman
February 2, 2009 at 9:22 pm

Well done Xero!

If I remember my Tintin, that rocket is heading for the moon… How many potential customers are there on the moon :-)

Sorry couldn’t resist. Well done guys.


Clear Books
February 2, 2009 at 10:18 pm

At the current rate that is a 7300 paying Xero customers per year. Impressive numbers. I wonder what the current rate of growth?

Xero to Double Customer Numbers in Six Months at Sam Stewart
February 2, 2009 at 11:40 pm

[…] online accounting provider Xero announced they have added 1,000 customers over the last 50 days to take customer numbers to over 4,000. At this rate Xero are on track to double the 2,200 […]

Paula Jackson
February 2, 2009 at 9:38 am

We will report by product version, so NZ, UK, Australia & Global.

SaaS taking off in UK small businesses
February 2, 2009 at 5:54 am

Well done on your UK break through

February 2, 2009 at 11:13 am

Congrats :D!

Adam W
February 2, 2009 at 4:46 pm

Impressive, good luck with beating your 50 day record with your next 1000 cusotmers!(5000)

Crisis as a Service | Inspired? No
March 3, 2009 at 3:53 am

[…] dugg deeper: SaaS and cloud computing benefits in a recession. So far we have seen the amazing 33% growth in number of customers in 50 days by Xero and many SaaS vendors have reported record Q4 sales such […]

March 3, 2009 at 11:02 am

WOW! and then another 33% growth in the next 40 days… Surprising growth – but then again, not so surprising!

Great job!

March 3, 2009 at 11:45 am

OMG my maths is bad = 50% growth!

Sarah A
July 7, 2009 at 12:07 pm

Can’t believe this was only 5 months ago

Small business SaaS is catching a wave
January 1, 2012 at 3:22 pm

[…] was far and away our biggest month ever. New Zealand-based online accounting service, Xero, also boasted adding 1000 new paying customers in 50 days for a total of 4000. And Kashflow celebrated crossing […]

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Payroll for Maryland and Tennessee

Following on from the release of Colorado and Indiana, we’re pleased to announce the availability of Xero Payroll to businesses located in Maryland and Tennessee. Small businesses represent over 97.5 percent of all employers in Maryland and Tennessee. By bringing seamless accounting and payroll to these small businesses we’re helping tackle the complexity of payroll. ...

Work experience at a tech company

Here at Xero, encouraging and nurturing young talent is really important to us. Each year we host a Summer of Tech event in our New Zealand office, an internship program that connects innovative tech companies with bright students. It’s not uncommon for us to bring high school students into the office for a few days ...